Liquid Waste Management Market | Growth by Industry Size, Share, Revenue and Forecast Up to 2025


Posted September 9, 2020 by Marketresearchfuture

Liquid Waste Management Market | Growth by Industry Size, Share, Revenue and Forecast Up to 2025
 
Market Synopsis

According to MRFR the analysis, the Liquid Waste Management Market was valued at more than USD 90.12 billion in 2018 and is expected to reach over USD 117.79 Billion by the end of 2025 at a CAGR of 3.8%.

The process of proper handling, disposing and treating of liquid waste is termed as liquid waste management. The demand for liquid waste management services is growing and is contributed by environmental regulations, waste-to-energy initiatives, and landfill diversion. Moreover, scarcity and demand for clean water is another factor driving the growth of the global market. Furthermore, the increasing concern over wastewater discharge from the industrial sector is also expected to position the growth of the industry.

Regulatory Analysis

The regulation set by different regulatory bodies for liquid waste management are as follows: The American Society for Testing and Materials – ASTM-D5495, for ‘sampling with a composite liquid waste sampler’; the European Union Standards, the Sewage Sludge Directive – Directive 86/278/EEC for, ‘use of sewage sludge in agriculture’; the Directive on the incineration of waste – Directive 2000/76/EC, for ‘setting emission limit for waste incineration plants within the EU’; Environmental Protection Agency EPA-K002/4/5 for ‘wastewater treatment sludge from the production of chrome and zinc pigments’.

SEGMENTATION

By Application

Sewage: The segment held the largest market share in 2018, the key factor driving the growth of the segment is the rapidly growing population, generating a significant amount of waste on regular basis. According to the Central Public Health Environmental & Engineering Organization (CPHEEO), an individual consumes 135 liters of water every day.
Sullage: Also known as greywater, and is referred to wastewater generated from kitchen, house washing, laundry, and bathroom falls under this category and contains pathogens.
Black Water: Wastewater drained out from the toilet is known as black water, it contains harmful pathogens owing to which it needs to be treated before disposal.
Storm Water: Stagnated and runoff water accumulated after heavy rainfall falls under this category, this can lead to water-borne diseases.
Trade Waste: The waste generated from non-residential areas is referred to as trade waste, this includes both industrial as well as waste produced from commercial buildings.
Hazardous Liquid Waste: The waste that consists of toxic substance and is hazardous to public health and environment is referred as hazardous liquid waste.
By Disposal Methods

Incineration: Burning of hazardous wastes such as acids, slag, oil, scrap materials, rock tailings, and other chemicals, although being the best way for liquid waste disposal, the use of method is limited owing to the high cost of incinerators.
Sedimentation & Dewatering held the largest share of the Liquid Waste Management Market as the process is cost-effective and easy to perform. It is used to remove solid waste from non-hazardous liquid waste, either by filtering water from a huge bag or sediment basins, usually the solid waste left is dumped in landfi
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Categories Biotech , Business , Construction
Tags liquid waste management market
Last Updated September 9, 2020